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NATIONAL COMPANY LAW TRIBUNAL
CISTRO TELELINK LIMITED VS
NATIONAL COMPANY LAW TRIBUNAL COURT NO. 1 ITEM No.201 CP/4(MP)2025 Order under Section Sec. 66 of Co. Act IN THE MATTER OF:
Cistro Telelink Ltd ........Applicant Coram:
Mr. Brajendra Mani Tripathi, Hon’ble Member(J)
Mr. Man Mohan Gupta, Hon’ble Member(T)
ORDER
Delivered on 21/01/2026 The case is fixed for pronouncement of the order. The order is pronounced in open Court vide separate sheet.
Sd/- Sd/-
MAN MOHAN GUPTA BRAJENDRA MANI TRIPATHI MEMBER (TECHNICAL) MEMBER (JUDICIAL)
Neeraj IN THE NATIONAL COMPANY LAW TRIBUNAL Petition No: CP No. 4 (MP) of 2025 (An Application filed under Section 66 and other applicable Provisions of the Companies Act, 2013 and the NCLT (Procedure for Reduction of Share Capital of Company) Rule
The Tribunal approved the reduction of share capital under the Companies Act, affirming it would not adversely affect creditors and all statutory requirements were fulfilled.
Approval for reduction of share capital under statutory compliance without creditor opposition, enhancing financial clarity.
Approval for capital reduction must comply with statutory provisions; share premium cannot offset accumulated losses.
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